Pacwest Bancorp (PACW) Tops Q4 EPS by 32c
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PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2020
January 20, 2021 5:00 PM ESTFourth Quarter 2020 Highlights
Net Earnings of $116.8 Million, or $0.99 Per Diluted ShareStrong Pre-Provision, Pre-Tax Net Revenue (PPNR) of $163.4 MillionProvision for Credit Losses of $10.0 Million in Q4 Compared to $97.0 Million in Q3Core Deposits Up $1.1 Billion or 5% in Q4; Represents 89% of Total DepositsStrong Capital Position CET1 Ratio of 10.53%Full Year 2020 Highlights
Excluding Goodwill Impairment, Net Earnings of $232.4 Million, or $1.97 Per Diluted ShareNet Loss of $1.24 Billion, or $(10.61) Per Diluted... More